3851 Chapel Lane

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3851 Chapel Lane

hoover, AL 35244
Asking Price
$10.19M
Asset Type
Retail
Class
Class B

What's Special

3851 Chapel Lane is situated in a established commercial and residential corridor in Hoover, Alabama. The property is located near the intersection of Highway 31 and Lorna Road, providing proximity to various regional shopping centers, dining options, and professional services. The neighborhood is characterized by a mix of mid-scale retail developments and suburban residential communities. Transportation access is facilitated by the site's proximity to Interstate 65 and Interstate 459, which serve as primary transit arteries for the Birmingham-Hoover metropolitan area. The building's layout and frontage make it suitable for a variety of general retail uses, including boutique storefronts, service-oriented businesses, or small-scale showrooms. The typical tenant profile for this location consists of local service providers, specialty retailers, or neighborhood-focused health and wellness centers. Its position within a developed commercial hub caters to businesses seeking visibility and access to a stable local consumer base within the surrounding Hoover area.

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NOI
$80,000
Cap Rate
0.78%
DSCR
0.13
Underwater
Cash-on-Cash
-17.17%
Monthly Payment
$50,429.403
Annual Cash Flow
$-525,152.83

Location & Travel Times